AB Volvo (Sweden) Price on April 6, 2023
| VOLV-B Stock | SEK 279.00 2.30 0.83% |
If you're considering investing in VOLV-B Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB Volvo stands at 279.00, as last reported on the 4th of December, with the highest price reaching 281.50 and the lowest price hitting 277.20 during the day. At this point, AB Volvo is very steady. AB Volvo retains Efficiency (Sharpe Ratio) of 0.0972, which signifies that the company had a 0.0972% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AB Volvo, which you can use to evaluate the volatility of the entity. Please confirm AB Volvo's Market Risk Adjusted Performance of 0.2096, coefficient of variation of 1691.85, and Standard Deviation of 1.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
VOLV-B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VOLV-B |
Sharpe Ratio = 0.0972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | VOLV-B | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average AB Volvo is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AB Volvo by adding it to a well-diversified portfolio.
AB Volvo Valuation on April 6, 2023
It is possible to determine the worth of AB Volvo on a given historical date. On April 6, 2023 VOLV-B was worth 185.18 at the beginning of the trading date compared to the closed value of 185.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB Volvo stock. Still, in general, we apply an absolute valuation method to find AB Volvo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AB Volvo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB Volvo's related companies.
| Open | High | Low | Close | Volume | |
| 194.75 | 194.80 | 182.72 | 183.96 | 9,417,057 | |
04/06/2023 | 185.18 | 186.55 | 184.05 | 185.37 | 3,628,580 |
| 188.50 | 189.70 | 186.99 | 187.94 | 4,907,323 |
| Backtest AB Volvo | | | AB Volvo History | | | AB Volvo Valuation | Previous | Next |
AB Volvo Trading Date Momentum on April 6, 2023
| On April 11 2023 AB Volvo was traded for 187.94 at the closing time. The highest price during the trading period was 189.70 and the lowest recorded bid was listed for 186.99 . The volume for the day was 4.9 M. This history from April 11, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 1.39% . The overall trading delta to the current price is 10.25% . |
AB Volvo Fundamentals Correlations and Trends
By evaluating AB Volvo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AB Volvo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VOLV-B financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB Volvo Stock history
AB Volvo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VOLV-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB Volvo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AB Volvo stock prices may prove useful in developing a viable investing in AB Volvo
AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. AB Volvo was incorporated in 1915 and is headquartered in Gothenburg, Sweden. Volvo AB operates under Car Truck And Bus Manufacturers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 93038 people.
AB Volvo Stock Technical Analysis
AB Volvo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
AB Volvo Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
AB Volvo cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AB Volvo December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how AB Volvo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB Volvo shares will generate the highest return on investment. By undertsting and applying AB Volvo stock market strength indicators, traders can identify AB Volvo entry and exit signals to maximize returns
AB Volvo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB Volvo's price direction in advance. Along with the technical and fundamental analysis of VOLV-B Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VOLV-B to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0496 | |||
| Jensen Alpha | 0.0349 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1996 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for VOLV-B Stock analysis
When running AB Volvo's price analysis, check to measure AB Volvo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AB Volvo is operating at the current time. Most of AB Volvo's value examination focuses on studying past and present price action to predict the probability of AB Volvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Volvo's price. Additionally, you may evaluate how the addition of AB Volvo to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Correlations Find global opportunities by holding instruments from different markets |